InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 89.89

+8.0%

Nov 21 9:30 AM EST

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To: KLP who wrote (25665)	3/20/2001 11:02:41 PM
From: Roger Sherman	Read Replies (3) of 28311

Geesh! Just heard on CNBC... Stockholders lost about FIVE TRILLION DOLLARS in the value of their stocks, this past year alone! And a pretty good chunk of that came out of the pockets of the shareholders of this particular company. We're all just so happy that the founder of this company was able to get out in time, and "profit" almost a HALF A BILLION DOLLARS himself, by selling stock in his own company. At least someone did okay. That sure makes many of us feel warm and fuzzy all over. Heck, I bet he's already "profited" more money from his own company than the entire net worth, and entire lifetime "earnings" of every single President of the United States, since the beginning of our country, from George Washington through to George W. Bush...COMBINED. I certainly don't begrudge anyone for making lots and lots of money..if they really EARN it...and they REALLY contribute something of REAL value to the world. For example, two of the wealthiest people in the history of our planet (both of whom I've personally met and chatted with), are Bill Gates and Paul Allen. IMHO, they've contributed more value to the world then few people who've ever lived. And they now GIVE AWAY more of their wealth back to the world every year, then the CEO of this company will ever be worth...in his wildest dreams. I guess I'm with levy now. If you can't find anything good to say, don't say anything at all. Bye. Roger

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